Balboa Peninsula (NP) Homes with Business Subtype

Balboa Peninsula (NP) Homes with Business Subtype

Welcome to Balboa Peninsula, a vibrant gem nestled in the heart of Newport Beach, California. This picturesque coastal community is renowned for its stunning ocean views, sandy beaches, and a lively atmosphere that perfectly blends relaxation with adventure. With its charming streets lined with boutique shops, delightful cafes, and entertaining boardwalks, Balboa Peninsula offers a unique lifestyle that attracts both residents and visitors alike.

One of the standout features of this region is its diverse real estate market, particularly homes with a business subtype. These properties not only provide a cozy and inviting living space but also present an incredible opportunity for entrepreneurial-minded individuals. Imagine waking up to the soothing sounds of the ocean and stepping outside to greet your customers, all from the comfort of your own home. Whether you’re looking to establish a quaint café, a surf shop, or a boutique retail space, Balboa Peninsula offers the perfect backdrop for your business dreams.

The local community is incredibly supportive of small businesses, and with a steady influx of tourists and locals, your venture is sure to thrive. Plus, the area’s year-round sunny weather and active lifestyle create a welcoming environment for both residents and visitors, ensuring a consistent flow of foot traffic.

Living in Balboa Peninsula means embracing a lifestyle that balances work and play, with the beach just a stone's throw away. Discover the endless possibilities that await you in this enchanting coastal paradise, where your dream home and business can become a reality. Come explore Balboa Peninsula today—your ideal coastal retreat awaits!

Newest Balboa Peninsula (NP) Homes with Business Subtype

510 E Balboa, Newport Beach
$7,499,000
NP26236702 MLS ⋅ Coming Soon Status
Exceptional investment and redevelopment opportunity in the heart of Newport Beach's iconic Balboa Peninsula. Ideally situated just moments from the beach and Newport Harbor, 510 E Balboa Boulevard offers a rare opportunity to acquire a mixed-use property in one of Southern California's most desirable coastal communities. The property is currently operated as a liquor store, with the existing business available for purchase separately from the real estate. The property is zoned MU-V (Mixed-Use Vertical), offering potential redevelopment opportunities. Preliminary development potential includes up to five residential units and one commercial unit, subject to confirmation with the City of Newport Beach and all applicable zoning, density, parking, coastal development, and permitting requirements. Surrounded by popular restaurants, retail, waterfront attractions, and established residential neighborhoods, the property benefits from its prime location on the Balboa Peninsula. With convenient access to the beach, Balboa Fun Zone, Newport Harbor, and the Balboa Ferry, this location offers exceptional appeal for both residential and commercial uses. Whether you're an investor seeking an income-producing coastal asset or a developer looking to capitalize on the demand for residential and commercial space in Newport Beach, this property presents a compelling opportunity.

510 E Balboa, Newport Beach
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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